Amancio Ortega will receive 2,845 million in dividends from Inditex after collecting 1,422.5 million this Monday

MADRID 3 Nov. () –

The founder and first shareholder of Inditex, Amancio Ortega, will receive a total of 2,845 million euros this year in dividends from the company when he collects this Monday, November 4, 1,422.5 million euros for the last remuneration of the year that the Galician firm will pay its shareholders.

Specifically, the businessman will receive this year more than 2,800 million euros in dividends from the textile company, above the 2,217 million he received for this concept last year.

In total, the company will reward its shareholders with around 4.8 billion euros this year, after raising the dividend by 28%, to 1.54 euros per share.

Specifically, Inditex’s dividend policy consists of an ordinary payout of 60% of profits and the additional distribution of extraordinary dividends.

The dividend is made up of two equal payments: a payment of 0.77 euros per share, corresponding to the ordinary dividend, which was already received on May 2, and another of 0.77 euros per share that will be received this Monday (0.27 ordinary euros plus 0.50 euros extraordinary).

The founder of Inditex, who will receive this Monday more than 1,422 million euros in dividend through the companies Pontegadea Inversiones and Partler, with which he controls 59.294% of the textile group, equivalent to a package of 1,848 million shares, invests part of the dividends it receives from Inditex in the real estate sector.

Ortega owns the largest Spanish real estate company, focused on the purchase and management of large buildings, with a portfolio of real estate assets mainly made up of office, non-residential buildings, located in the center of large cities in Spain, the United Kingdom, the United States and Asia. .

One of its latest operations has been the acquisition of two platforms in Germany for 150 million euros shortly after it bought an office building in Paris, located near the Opera, for about 200 million euros and logistics assets in Italy for a amount of 327 million euros.

So far this year, Ortega, who began the purchase of logistics assets in 2022, has also purchased a ‘prime’ office building in Luxembourg for an amount of 165 million euros.

Aside from this operation, the founder of Inditex completed the acquisition from Blackstone of a logistics warehouse in the Netherlands for 100 million euros occupied by the fashion brand Primark and the purchase of a logistics warehouse rented from Amazon near Vancouver (Canada). for an amount close to 260 million euros.

For her part, her daughter Sandra Ortega, who owns 5.053% of the Galician firm (157.48 million shares), will collect more than 242 million euros in dividends from Inditex this year (half this Monday, November 4) , compared to the 188 million euros it received the previous year.